wa this is true, now it is on the market... only the 1br available on block 5Saw an agent friend post that this is a level 12 unit. Should be #12-27. Was sold on preview day at 1.268M. now bounced and the developer re-list at 182K higher
This is inner facing Moxy hotel some more. Don't see how the next buyer at 1.45M will be able to resell higher next time...
Again, it is still back to the question how much buyers are willing to pay for a new launch vs a resale unit. In KAP case, buyers r willing to pay up to 18xx-19xxpsf during launch but why during resale, it can only transact at losses or only at breakeven price? And not forgetting it is 95% sold in day one.
I agree entry price is important but I can’t deny that higher entry psf/quantum also warrant higher risk.
South Beach are all big units. Some were even done at 3.5kpsf. For big units , average of 3.2k psf is a good performanceBro, Give u a little hint. Go take a look at South Beach R and u can see most units are transacting at 3.1-3.3kpsf. Some r as Low as 2.8kpsf. These r not Low floor units And still got many units unsold.
KAP layout is crap! Most oxley projects are badAgain, it is still back to the question how much buyers are willing to pay for a new launch vs a resale unit. In KAP case, buyers r willing to pay up to 18xx-19xxpsf during launch but why during resale, it can only transact at losses or at best, at breakeven price? And not forgetting it is 95% sold in day one.
I agree entry price is important but I can’t deny that higher entry psf/quantum also warrant higher risk.
KAP layout is crap but funny thing is it is 95% sold on first day.
Yea, nice place to stay. I would have agree too.If price don’t go up much, i’m happy to stay in this best project in the universe though, heh heh
I did give a serious thought in CHP honestly.But i vested. I hope he dont need run naked.
It's quite jialat that they only fully sold in 4Q2021... TOP 2016, 99 year lease started 2007, so already 14 years into the lease...
same thoughts that it's a good location for self stay or rental if price stagnates or drop..If price don’t go up much, i’m happy to stay in this best project in the universe though, heh heh
wait for fire sales at 2k psfI did give a serious thought in CHP honestly.
But definitely not at 3500psf no matter how good is the view
No doubt in rental demand given its stellar location. Qns is just how much is the yield relative to its entry price.same thoughts that it's a good location for self stay or rental if price stagnates or drop..
wait for fire sales at 2k psf
Back in Aug, Martin Modern got one unit sold at $21xxpsf… not sure who the lucky buyer… u didn’t consider before getting CHP..
No doubt in rental demand given its stellar location. Qns is just how much is the yield relative to its entry price.
As for fire sales, black doggy is one of the very nice bro here who always likes to help bail out those in distressed
this kinda sales usually took place v fast and could hv not made known to publicBack in Aug, Martin Modern got one unit sold at $21xxpsf… not sure who the lucky buyer… u didn’t consider before getting CHP..
Back in Aug, Martin Modern got one unit sold at $21xxpsf… not sure who the lucky buyer… u didn’t consider before getting CHP..
But i vested. I hope he dont need run naked.
for me, i think 3300 psf is reasonable, 3500 maybe if take a longer view. If enter at 2800, 3300 is decent.
